19 SUSTAINABILITY REPORT 20 - COMFORTDELGRO
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CONTENTS 02 Message from Chairman and MD/Group CEO 04 ComfortDelGro in Focus Our Approach to Sustainability 09 Our Sustainability Framework 13 Materiality 14 Sustainability and Risk Governance 16 Our Stakeholders 19 Managing Our Supply Chain Economic 20 Economic Environmental 23 Energy Efficiency 28 Waste Management 30 Water Consumption Social 32 Health & Safety 36 Employee Engagement 39 Diversity and Non-discrimination 40 Employee Training 42 Accessibility 44 Local Communities Governance 49 Anti-corruption 50 Public Policy and Regulatory Framework Annexes 52 Annex A: Supplier Ethics Policy 54 Annex B: Workplace Safety & Health Committees Across the Group 55 Annex C: Detailed Information on Employees and Other Workers 59 Annex D: GRI Content Index
ABOUT THIS REPORT We are pleased to share with you our latest As our subsidiaries – SBS Transit and VICOM – are also Sustainability Report. This Sustainability Report listed on the Singapore Exchange, we have produced articulates ComfortDelGro’s sustainability ambition their figures separately in this Sustainability Report. across all our operations around the world. It underscores our commitment to keep our Stakeholders abreast of This Sustainability Report supplements ComfortDelGro’s our efforts and performance across the Environmental, Annual Report 2019, which can be found on our corporate Social and Governance (ESG) domains. ESG issues are website www.comfortdelgro.com. In accordance with complex but increasingly critical, both to our long-term our environmental principles, this Report is only available value as a Company and to the wider society. This is on our website. especially so for us as a global mobility service provider. INDEPENDENT CONSULTANCY We play a key role in contributing to sustainable An independent Sustainability consulting firm, Paia development through connecting societies with mobility Consulting, was appointed to provide external assistance services, including our extensive public transport with the development of the contents of this Report. networks. We welcome the opportunity to share this We intend to seek external assurance in the future. progress with you in our fifth Sustainability Report. This Report has been prepared in accordance with the Global GIVE US YOUR FEEDBACK Reporting Initiative’s (GRI) Standards: Core option and We welcome your feedback to help us do better. Please SGX Listing Rule 711 (A) and (B). do provide feedback on this Report. You can reach us at groupsustainability@comfortdelgro.com. REPORTING PERIOD AND SCOPE We have provided a detailed account of our performance where data is currently available, based on the Group’s financial year from 1 January to 31 December 2019. Sustainability Report 2019 1
MESSAGE FROM CHAIRMAN AND MD/GROUP CEO LIM JIT POH Chairman YANG BAN SENG MD/Group CEO 2019 has been a significant year for climate action and sustainability. At the United Nations (UN) Climate Action Summit, UN Secretary General Mr Antonio Guterres pushed for stronger political action to fight climate change, while teenage climate activist Ms Greta Thunberg berated world leaders for inaction. Closer to home in Singapore, Prime Minister Mr Lee Hsien Loong said at the National Day Rally that climate change is existential to Singapore, and that everything else must bend at the knees to safeguard the existence of our island nation. For the ComfortDelGro Group, we have deepened our commitment to sustainable development in 2019. The Board and Management have approved and adopted a sustainability framework that is aligned with 10 of the UN Sustainable Development Goals. We commit ourselves to various Environmental, Social and Governance (ESG) efforts and targets. We see our investments in sustainability as an opportunity to create value and long-term growth for the Company and our Stakeholders. The Board will continue to provide oversight, with the support of Management, to drive our ESG efforts towards building a sustainable enterprise. Enabling an Energy Efficient Transport System As a global mobility operator, ComfortDelGro is committed to minimising the environmental impact of our operations. To halve our Greenhouse Gas (GHG) emission intensity by 2030, the Group has put in-place various plans and initiatives, including the progressive replacement of our diesel taxis with hybrids. To-date, more than 40% of our Singapore taxi fleet is petrol-electric hybrid vehicles. In Melbourne Australia, under a green loan arrangement, we are replacing 50 of our diesel buses with the Volvo Euro 6 hybrid vehicles. In July 2019, Metroline started London’s first all-electric, zero emission Route 43 service. SBS Transit, our public transport operator in Singapore, pro-actively partners the Land Transport Authority to experiment hybrid and fully-electric buses across different routes. In addition, the Group is working to increase the use of renewable energy like solar power, and to improve energy efficiency at our facilities and buildings. In 2019, new solar photovoltaic panels that were installed at the Yio Chu Kang bus interchange, provided 0.3MWp of energy to meet the operating needs of the facility. 2 ComfortDelGro Corporation Limited
Beyond transiting to a greener fleet and cleaner energy, the Employers Award. ComfortDelGro was also nominated as one Group is also working to improve the reliability and efficiency of the finalists for the President’s Challenge Social Enterprise of our public transport services. For 2019, the Mean Kilometres Award - Social Enterprise Champion of the Year. Between Failure (MKBF) of our North East Line and Downtown Line were 1.38 million train-km and 1.14 million train-km Engraining a Culture of Innovation and respectively. The improved reliability will help in steering Strong Governance commuters towards using public transport that consumes less We continue to foster a culture of innovation and strong energy per passenger km compared to private vehicles. governance. We launched the autonomous NUSmart Shuttle trial at the National University of Singapore in July 2019. We Enhancing the Safety and Well-Being of the Community also co-organised the 2019 Singapore Mobility Challenge, an and Our People open innovation initiative for ideas and technology to benefit As a responsible mobility operator, road and passenger safety commuters and the public transport industry. In this age of are our priorities. While passenger injuries across our Group disruption, in order to stay relevant, the Group must be bold had decreased, there were still two road fatalities in 2019. Any but nimble to assimilate new ideas, innovate and experiment. fatality is one too many. We will expand and accelerate the implementation of technology solutions like Mobileye and During the year, we are glad that there were no major cyber- predictive anti-collision system to further improve the road security or personal data breaches across the Group. Given safety of our fleet. This is an area that we will focus on in 2020. the evolving threats and our increasing digital footprint, we must continue to strengthen our capabilities to secure our We see a diverse and inclusive work force as our strength. We information infrastructure, systems and databases. continued our efforts to improve the representation of women in Board and senior leadership roles. Ms Jessica Cheam, a Continuing Our Sustainability Journey leading sustainability advocate of climate action, joined the 2019 ended on a sobering note as we witnessed the massive Board in January 2019. bushfires happening in Australia, one of ComfortDelGro’s key markets. As demonstrated by the impact of extreme weather We also continued to invest in our employees and partners events, climate change is an emerging risk. We can, and we such as our cabbies. Working with various agencies, we must do more. have introduced programmes such as the Rail Manpower Development Package to train and deepen the competencies The Task Force on Climate-related Financial Disclosures (TCFD) of our employees. To equip our cabbies with digital skills, more is a consortium set up in 2015 to help investors understand than 4,000 of them from our taxi business have undergone climate risk and help companies disclose this information in digital training to use various apps to improve productivity and a clear and consistent way. We have asked the Management accept digital payments as at end-2019. Our plan is to expand to review our targets and plans, and to consider adopting the and roll out the digital training programme to all remaining climate risk reporting framework recommended by the TCFD. cabbies by 2020. We are glad that our efforts in sustainability has been In 2019, the Group continued to give back to society, recognised when ComfortDelGro was selected as one of the including the poor, the elderly and the sick, donating about five Singapore companies to be included in the 2019 Dow S$1.24 million to various charities and welfare organisations. Jones Sustainability Index (DJSI) – Asia Pacific. Besides DJSI, About 440 staff volunteered for charitable activities, clocking Sustainalytics, a leading independent global provider of ESG in all 3,616 hours. Our plan is to focus on the area of mobility and corporate research and ratings to investors, also assessed where we can meaningfully contribute and make a difference. ComfortDelGro as a top fifth percentile transportation As part of its outreach effort, SBS Transit has partnered I’m company in its 2019 ESG risk rating performance. These Soul Inc., a social enterprise to launch the MAGIC CARES Van recognitions are affirmations that we are on the right path. community programme to encourage the elderly to be more active through the use of music. We thank our Staff, Partners and Stakeholders for their support in our sustainability journey. There is a lot more to do, and we During the year, CabbyCare, our Taxi Business’ cabby volunteer look forward to your continuing support and partnership. group in Singapore, made over 1,780 free trips to deliver meals and library books to the needy. For its effort in helping persons with disabilities and the needy, the social enterprise arm of the Group, GobblerCo was recently awarded the Certificate LIM JIT POH YANG BAN SENG of Recognition for businesses at the SG Enable’s 5th Enabling Chairman MD/Group CEO Sustainability Report 2019 3
COMFORTDELGRO IN FOCUS ENVIRONMENTAL PERFORMANCE Greenhouse Gas Greenhouse Electricity Emission Intensity* Gas Emissions* Consumption** 2017 333 2018 319 2019 303 1,136,105 490,098,944 (Tonnes CO2e per $mil revenue) (Tonnes CO2e) (kWh) 43.9% More than 41,600 vehicles hybrid/electric 55% hybrid/electric taxis in Singapore 7 taxis in Australia across 43% compressed natural 45% hybrid/electric gas (CNG)/electric buses in the United countries taxis in China Kingdom (UK) Water Used** Paper including Waste Electronic Waste Cartons, Collected** Recycled*** Recycled*** 3,822,993 63,950 28,741 3,073 (M )3 (KG) (Tonnes) (KG) * Excludes operations in China, Vietnam and Malaysia as many of the businesses are joint ventures with local partners ** Excludes operations in Vietnam and Malaysia as many of the businesses are joint ventures with local partners *** Data available only for Singapore 4 ComfortDelGro Corporation Limited
SOCIAL PERFORMANCE 6 Major Nationalities Accessibility SINGAPORE In Our Workforce On Buses* 99% UK & IRELAND SINGAPORE UK & IRELAND AUSTRALIA 99% 56.6% 23.9% 15.6% AUSTRALIA 69% Road Safety CHINA VIETNAM MALAYSIA 3.4% 0.3% 0.2% Passenger Injury Rate Per Million KM Female Employees SINGAPORE UK & IRELAND AUSTRALIA** Across The Group 3.00 2.75 5.59 2018 13% Passenger Fatalities 14.3% SINGAPORE UK & IRELAND AUSTRALIA 1 1 0 2019 Employees Who Are Over 50 Workplace Safety Years Old Across The Group 2018 36.7% 2019 40.1% Accident Frequency Rate SINGAPORE UK & IRELAND AUSTRALIA*** Donations To Charity By The Group In 2019 1.75 2.25 12.88 Accident Severity Rate S$1.24m SINGAPORE 49.90 18.86 230.85 UK & IRELAND AUSTRALIA*** * Singapore operations refer to SBS Transit, United Kingdom operations refer to Metroline and New Adventure Travel, Australian operations refer to ComfortDelGro Corporation Australia ** Australia has an increase in passenger injuries due to the acquisition of several Business Units and bus fleets in 2019. Comparatively, the Passenger Injury Rate (No. of Passenger Injuries/Total No. of Journeys in million) has decreased from 95.5 in 2018 to 68.7 in 2019. *** Australia has a “no fault” system of workers’ compensation for work-related injuries. The laws also place obligations to facilitate return-to-work, and the continued employment of the employee. Non-physical injuries including stress-related conditions are also covered. The compensation and benefit systems have indirectly accounted for higher workplace injury reports and prolonged medical leaves in Australia. Sustainability Report 2019 5
COMFORTDELGRO IN FOCUS 2019 was a year of several firsts for ComfortDelGro. From launching the first all-electric bus route in London and conducting autonomous vehicle (AV) trials at the National University of Singapore (NUS), to embarking on digital training for our cabbies, we are proud of the new paths we have forged with our partners in building a more sustainable transportation system for all. MAY Swan Taxis Becomes First in Perth to Trial Fully-Electric Taxis In May 2019, Swan Taxis fitted out two fully-electric taxis, under the brand EV Cabs. The Hyundai Ioniqs have up to JULY 280km of driving range, are completely emissions-free, and are more energy efficient than internal combustion engine Metroline Launches New Electric, Zero-emission vehicles. Drivers and customers alike have provided positive Buses on London’s Streets feedback on the comfortable interior and quieter journeys. All of Metroline’s buses for one of the City’s oldest bus route, Route 43, which serves thousands of Londoners each day, have gone fully electric on 1 July 2019, which also happened to be the first day of the inaugural London Climate Action Week. The fleet of electric buses serving the route are 37 BYD ADL Enviro4000 EVs, the result of a successful collaboration between Chinese automotive company BYD and British bus builders Alexander Dennis. The BYD electric buses are joined by 31 other Optare’s Metrodecker EV buses on Route 134, which is also operated by Metroline. JUNE ComfortDelGro Trials AV at NUS The fully autonomous NUSmart Shuttle began passenger service on ComfortDelGro Taxi Helps Cabbies Hop On Board 30 July 2019 at the NUS’ Kent Ridge Singapore’s Digital Transformation Journey campus. This trial is part of a year- In June 2019, ComfortDelGro Taxi signed a Memorandum long study aimed at gauging the of Understanding with the National Taxi Association to form commercial viability of providing safe a Training Committee for Cabbies to help cabbies keep up autonomous shuttle bus services. The with technological changes, improve productivity and seize NUSmart Shuttle also made its debut opportunities in the industry. As at end-2019, more than 4,000 at the Intelligent Transport System cabbies have undergone the training, with the remaining World Congress held in October 2019 by providing experiential slated for training in 2020. rides to participating delegates. 6 ComfortDelGro Corporation Limited
‘Wellbeing Bus’ to Help Improve Bus Drivers’ Health Launched in London Designed to improve the health of bus drivers, the Wellbeing Bus is a collaborative project between Transport for London, Unite the Union, bus operators and Medigold Health. The bus carries occupational health technicians who provide professional health screenings and lifestyle advice for drivers and other employees - for free. AUGUST ComfortDelGro’s Social Enterprise, GobblerCo, to Offer More Job Opportunities to the Needy with New E-Concierge Service In August 2019, GobblerCo launched Get Genie, a new e-concierge service that enables companies to request for services in the areas of Catering, Cleaning, IT Equipment & Services, Temporary Staffing and Office Repair & Maintenance, thereby providing employment for persons with disabilities and low-income single parents. GobblerCo plans to expand the offerings to include Corporate Gifts and Stationery in the future. NOVEMBER Bringing Community Together with MAGIC CARES Van SBS Transit’s new community engagement project, Project MAGIC CARES Van, was officially launched on 10 October 2019. Project MAGIC CARES Van is the result of SBS Transit’s collaboration with social enterprise I’m Soul Inc. This project aims to bring the community together through music-making, enabled by Soundbeam technology. Converted from an existing SBS Transit’s van, the Magic CARES Van transports instruments and staff volunteers to the neighbourhoods DECEMBER to engage our community in music-making. ComfortDelGro Bus Launches Singapore’s First ‘Fully Predictive Anti-Collision’ Bus Singapore’s first fully predictive anti- collision buses hit the roads on 1 December 2019. The Volvo B8R 49-seater buses are equipped with a Driver Support System that has a built-in Collision Warning & Emergency Brake feature. The buses will brake automatically and come to a stop if OCTOBER they sense that a collision is about to take place, thereby enhancing the safety of our passengers and other road users. Sustainability Report 2019 7
OUR APPROACH TO SUSTAINABILITY As a global mobility service provider, we move and connect people, create jobs, invest and innovate to remain relevant and to improve quality of life. Our sustainability approach is focussed on minimising impacts on the environment, ensuring road, passenger and workplace safety, and enhancing the well-being of our people and the community. BOARD STATEMENT ComfortDelGro is committed to safeguarding the interests of our Stakeholders for sustainable growth, at the highest governance level. Sustainability is a key pillar of the Group’s overall strategy and one that the Board pays close attention to. In particular, we consider Environmental, Social and Governance (ESG) issues as part of our strategic formulation. Our global sustainability strategy focusses on three key areas: enabling an energy efficient transport system, enhancing the safety and well-being of the community and our people, and engraining a culture of innovation and strong governance. Being in the mobility business, we are cognisant that the delivery of our services has a direct impact on the environment. To this end, we have and continue to work closely with the Regulators, the vehicle manufacturers and our suppliers to reduce our overall carbon footprint. We are encouraged by the advancement of technology and are keeping close tabs on developments in the field of Green technology. We are already operating hybrid buses and taxis, and have been working with manufacturers and Regulators on electric vehicle (EV) trials. We believe that technological advancements will have a significant impact on the way we operate and our environmental footprint. Our people, and the people we serve, is another area of focus. From the health & safety of our employees to the support for the socially disadvantaged, we are constantly looking at ways to improve. Our employees are committed to projects and activities that contribute to society and help protect the environment. ESG matters as determined by our Stakeholders and deemed to be material to value creation are integrated into our balanced scorecard, which is used to set objectives, drive behaviours, measure performance and determine remuneration. The Board reviews and approves these material issues and has tasked the Senior Management team with the management and monitoring of these issues. Corporate governance is also something that the Board watches closely. As a company that conducts business on a global scale, we are committed to nurturing a corporate culture that encourages employees to act ethically and with a strong sense of mission in meeting the needs of customers and to ensuring transparent management and fair decision-making. In this regard, the adoption of the corporate auditor system has helped us increase the effectiveness of the auditing and monitoring functions fulfilled by Auditors. We enhanced the management oversight function of the Board of Directors by implementing appropriate measures such as reviewing the terms of reference of all Board Committees and building Board competence through relevant trainings and workshops. 8 ComfortDelGro Corporation Limited
OUR SUSTAINABILITY FRAMEWORK In 2019, we mapped the United Nation’s (UN) Sustainability Development Goals (SDGs) into our sustainability framework. We focus our framework on the 10 SDGs that are most relevant to our business. ComfortDelGro supports the achievement of these SDGs through the three key pillars: Enabling an Energy-efficient Transport System, Enhancing the Safety and Well-being of the Community and Our People, and Engraining a Culture of Innovation and Strong Governance. For each of these pillars, we set targets and commitments, and implement measures to contribute to the SDGs. ENABLING AN ENERGY EFFICIENT ENGRAINING A CULTURE OF INNOVATION TRANSPORT SYSTEM AND STRONG GOVERNANCE Climate Change Governance Reducing our Greenhouse Gas (GHG) Maintain strong and effective corporate emissions through improving energy governance, while fostering an ethical culture efficiency and transiting to a Greener fleet of conducting business with integrity Affordable and Clean Energy Innovation Increase the use of solar Enable transformation through energy for cleaner power while experimentation, technology reducing energy cost and partnerships Responsible Consumption Manage our operations and facilities efficently to minimise the use of resources and waste OUR SUSTAINABILITY FRAMEWORK Health & Safety Make Health & Safety an integral part of our business and culture – for our commuters and our people Growing Our People Empower and grow our people through engaging employment and lifelong learning ENHANCING THE SAFETY Sustaining Our Community Contributing to the communities AND WELL-BEING OF THE by providing safe, efficient and COMMUNITY AND OUR PEOPLE accessible mobility to all Sustainability Report 2019 9
OUR APPROACH TO SUSTAINABILITY OUR SUSTAINABILITY FRAMEWORK OUR SUSTAINABILITY TARGETS OUR ACHIEVEMENTS IN 2019 PILLARS Enabling an Energy Efficient Transport System By 2023, GHG Emission Intensity • Reduce GHG emissions We improved our GHG emission intensity by 5.0% in 2019, intensity by 20% from and are on track to achieve our 2023’s target. 2015 level Climate Change • 100% hybrid vehicles for Greener Fleet Take urgent action to taxi fleet We are in the process of transiting our taxi fleet from diesel combat climate change • 50% of all office to hybrids. To-date, 43.9% of our Singapore taxi fleet is and its impacts buildings in Singapore hybrids. In London, two of our Metroline bus routes are to be green building running on fully-electric buses. (See pg 24) certified Green Buildings & Facilities By 2030, We improved our facilities to incorporate energy-saving • Reduce GHG emissions designs and equipment. We will adhere to the Building intensity by 50% from and Construction Authority’s Green Mark guidelines while 2015 level renovating our premises and progressively certifying our • Increase hybrids for all buildings and facilities. (See pg 25) other vehicles • 100% of all office buildings in Singapore to be green building certified By 2023, Clean Energy Sources • Increase solar We are increasing the use of solar energy in our facilities. photovoltaic (PV) In Singapore, our total solar PV output reached 1.85MWP output to 4 MWP in 2019. We have also installed the first commercial Direct Affordable and Current fast charging station in Singapore to support the EV Clean Energy By 2030, fleet. (See pg 24 & 26) Ensure access to • Increase solar PV output affordable, reliable, to 8 MWP sustainable and modern energy for all By 2023, Reduce, Reuse & Recycle (3Rs) • All Singapore Business We manage our operations and facilities efficiently to Units to be Eco Office minimise waste and actively promote the 3Rs. In 2019, Plus certified we set up e-waste recycling facilities at several premises. Responsible Consumption (See pg 28 & 29) and Production By 2030, Ensure sustainable • Promote Green Green Corporate Culture consumption and Corporate culture across We actively promote a Green corporate culture in production patterns Business Units in all ComfortDelGro and our people. In 2019, we further affirmed countries our commitment by achieving six Eco Office Plus awards. (See pg 26) 10 ComfortDelGro Corporation Limited
OUR SUSTAINABILITY TARGETS OUR ACHIEVEMENTS IN 2019 PILLARS Enhancing the Safety and Well-Being of the Community and Our People • Zero fatalities Road Safety Passenger safety is top priority in ComfortDelGro. • Injury rates below We managed to reduce our road fatalities and passenger national averages in our injuries in 2019. We will strive for zero road fatality in 2020. Good Health & Well-Being locations of operation (See pg 32 & 33) Ensure healthy lives and promote well-being for all Workplace Health & Safety at all ages Health & safety is a critical element that is integrated into our culture and daily operations. We achieved zero workplace fatality in 2019 and managed to keep our injury rates below the national averages. (See pg 34 & 35) • Invest in education and Employee Engagement training opportunities to We put in place various programmes to build our talent pool. develop our people In 2019, we launched a series of leadership development programmes, partnered the National Taxi Association to Quality Education • Promotes digital training provide digital training for our cabbies, and started training Ensure inclusive and across all Business Units drivers to handle autonomous vehicles. (See pg 40 & 41) equitable quality education and promote lifelong learning opportunities for all • Increase female Diversity & Equal Opportunity representation in the Workplace diversity is fundamental to professional and workplace organisational development. Female representation in all our three Boards has exceeded the target established Gender Equality • Ensures equitable by the Council for Board Diversity. In the April 2019 Achieve gender equality and remuneration structure Workplace Equality Report by Equileap, the leading empower all women and girls based on work organisation providing data and insights on gender equality, performance without ComfortDelGro is ranked 24th out of 100 leading companies gender bias for gender equality in the Asia Pacific region, and ranked first in the Industrial sector in this region. (See pg 39) • Commits to the key Fair Employment principles of fair ComfortDelGro Group is a signatory in the Tripartite Alliance employment practices of Fair and Progressive Employment Practices (TAFEP). We adhere to the key principles of fair employment practices and Decent Work & abide by labour laws to provide a better workplace for all. We Economic Growth • Abide by labour laws strongly subscribe to zero tolerance for discrimination and Promote sustained, employees are selected based on merit. (See pg 39) inclusive and sustainable economic growth, full and productive employment and decent work for all • Continuous Sustaining Our Community improvements in We strive to contribute to the communities by providing safe, mobility and accessibility efficient and accessible mobility to all. In Singapore and UK, for the communities over 90% of our buses are wheelchair accessible. In 2019, Sustainable Cities & our North East and Downtown Lines made improvements in Communities reliability and both exceeded the 1 Million Mean Kilometres Make cities and human Between Failure (MKBF) target. (See pg 42 & 43) settlements inclusive, safe resilient and sustainable Sustainability Report 2019 11
OUR APPROACH TO SUSTAINABILITY OUR SUSTAINABILITY FRAMEWORK OUR SUSTAINABILITY TARGETS OUR ACHIEVEMENTS IN 2019 PILLARS Enabling an Energy Efficient Transport System • Zero cases of corruption Sustainability & Risk Governance and fraud To further strengthen our corporate governance and risk management, a Group-level Enterprise Risk Management (ERM) review was undertaken in 2019. We also put in place a Peace, Justice & governance structure for personal data protection. Strong Institutions Promote peaceful and There is no corruption or fraud incident reported in 2019. inclusive societies for (See pg 49) sustainable development provide access to justice for all and build effective, accountable and inclusive institutions at all levels • Invest in new Innovation & Transformation technologies to benefit The Group Transformation Office continued to undertake the industry and various transformation and experimentation initiatives, communities including the NUSmart Shuttle and on-demand bus Industry, Innovation & trials. Through its US$100 million venture capital fund, Infrastructure • Drives innovation and ComfortDelGro also invested in several mobility-related Build resilient infrastructure, change initiatives start-ups. Together with the Land Transport Authority and promote inclusive and another public transport operator, ComfortDelGro organised sustainable industrialization • Embeds principles the Singapore Mobility Challenge to source for ideas or and foster innovation and mind-set of technology that could benefit the public transport industry transformation office or commuters. (See pg 20 & 21) among Stakeholders 12 ComfortDelGro Corporation Limited
MATERIALITY The materiality process guides ComfortDelGro in focussing on the most important issues for long-term value creation. This report hones in on topics which have been deemed as material to ComfortDelGro’s businesses and key Stakeholders, based on the economic, environmental and social impact caused by our business activities. We started our sustainability reporting journey in 2015 with an The second phase of the assessment involved ComfortDelGro’s in-depth materiality assessment. The assessment was based Senior Management and External Stakeholders prioritising on international best practice, integrating the principles of and validating the identified issues. The final list of issues Stakeholder Inclusivity and Sustainability Context. This would that are deemed as material to us are the issues that have enable us to focus on matters that impact business growth and significant economic, environmental, and social impacts, or are of importance to our Stakeholders, in the wider context could substantively influence the assessments and decisions of sustainability. of our Stakeholders. The first phase of the assessment included an initial identification In 2019, we reviewed the issues internally and have deemed and prioritisation of ESG topics using the internationally accepted that they remain relevant to our business and Stakeholders. AccountAbility 5-Part Materiality Test model, as part of the AA1000 The table below shows our material issues of high and medium Standard. Using the model, we considered regulatory and non- priority levels. regulatory norms, stakeholder behaviour and concerns, our core business policies and values, short-term financial impacts and business peer-based norms to identify issues that are most relevant to ComfortDelGro. ComfortDelGro’s Material Issues LEVEL: HIGH LEVEL: MEDIUM Anti-Corruption (I&E) Accessibility (E) Economic Performance (I&E) Diversity (I&E) Energy Efficiency, Air Emissions (I&E) Employee Training (I) Health & Safety (I&E) Local Communities (E) Labour-Management Relations, Employee Engagement (I) Waste Management (I&E) Non-Discrimination (I&E) Water Consumption (I&E) Public Policy and Regulatory Framework (I&E) Topic boundaries, in terms of whether impacts are relevant to internal or external Stakeholders, were considered during the materiality assessment. (I = Relevant to internal Stakeholders, E = Relevant to external Stakeholders) Sustainability Report 2019 13
OUR APPROACH TO SUSTAINABILITY SUSTAINABILITY AND RISK GOVERNANCE A robust governance framework is critical for effective management of economic, environmental and social risks, and opportunities, and also the long-term success of the organisation. 14 ComfortDelGro Corporation Limited
Sustainability Governance Structure Corporate Governance and Risk Led by our Chairman Mr Lim Jit Poh, the Board of Directors As part of our wider governance framework, we aligned our champions and provides oversight on ComfortDelGro’s governance policies and practices with the principles and sustainability effort. ESG matters are deliberated by the Board guidelines set out in the Code of Corporate Governance issued of Directors every half-yearly at the tabling of the six-monthly by the Monetary Authority of Singapore on 6 August 2018. progress report. We also have in place a robust Enterprise Risk Management Risk Framework which enables our Group and Business Units In 2019, we saw the appointment of Ms Jessica Cheam to our to understand the nature and complexity of the risks involved Board, which reflects our resolve to take sustainability issues in the operations and provides a systematic process to identify seriously and to build a sustainable enterprise. Ms Cheam, with and review the risks and prioritise resources to manage them. her experience as the Managing Editor of sustainability media platform Eco-Business and a strong advocate for climate action, We continue to adopt the precautionary principle in our risk- is in a favourable position to engage the Board on ESG matters based approach. We are a signatory of the UN Global Compact that ComfortDelGro faces. Increasing the Board’s fluency in and are committed to the 10 principles on Human Rights, ESG risks and opportunities enables the Group to effectively Labour, Environment and Anti-corruption. More information move towards a business strategy that goes beyond short-term on our corporate governance and risk management can be financial motives. found on pages 59 to 74 and 78 to 80 in the ComfortDelGro Annual Report 2019. The Sustainability Steering Committee, chaired by our MD/Group CEO Mr Yang Ban Seng, and comprising key members of the Senior Management, reviews ComfortDelGro’s sustainability performance and reports performance against targets to the Board. The Steering Committee plays a key role in driving the BOARD OF DIRECTORS Group’s sustainability ambitions, spearheaded by our Group Chief Risk & Sustainability Officer Mr Jackson Chia, who is assisted by the ESG Working Groups. Each working group convenes bi-monthly to review the progress and discuss how the Group SUSTAINABILITY STEERING and its Business Units can better implement initiatives and COMMITTEE contribute to the ESG efforts. (CHAIRED BY MD/GROUP CEO) Building Sustainability Competence On 17 October 2019, our Board of Directors and Senior Management from Singapore and overseas underwent training GROUP CHIEF RISK & on sustainability to keep abreast of arising sustainability-related SUSTAINABILITY OFFICER risks and opportunities, and to build sustainability thinking into day-to-day work. Engagements like these, conducted by Paia Consulting with inputs from the Investment Stewardship Team at BlackRock, help to ensure that our sustainability strategy, targets and initiatives are communicated and shared, and that all Board members and Senior Management understand the ENVIRONMENTAL SOCIAL GOVERNANCE role they play in helping to achieve our sustainability goals. WORKING WORKING WORKING In 2019, we further strengthened our sustainability commitment GROUP GROUP GROUP and direction with the setting of targets and mission statements for each of our material topic. Sustainability Report 2019 15
OUR APPROACH TO SUSTAINABILITY OUR STAKEHOLDERS ComfortDelGro’s approach to sustainability is firmly supported by our commitment to create CUSTOMERS SHAREHOLDERS long-term sustainable Safety, accessibility and the overall We are committed to disseminating value for our Stakeholders, service experience are the top areas of accurate and pertinent information to who are identified through concern amongst customers. In 2019, the market in a timely manner as part we commissioned our User Experience of good corporate governance. During our Risk Management (UX) Labs to conduct usability tests of our taxi booking app – the first- the year, the Investor Relations team met 305 groups of fund managers, process. Key Stakeholders, ever across the Group and for a taxi analysts and equity sales personnel such as our Customers, company in Singapore. over 130 meetings. Key concerns discussed included the Group’s share Shareholders, Employees, We conduct outreach programmes price, competition in the Australia, where new and existing customers China and Singapore taxi markets, Partners and Regulators, are invited to visit our operations. the economic impacts of Brexit and are groups that can We also reach out to customers through information counters, the United Kingdom Government’s spending on transport infrastructure. significantly impact or be hotlines, as well as monthly Meet-the-Managers sessions. We In 2019, we had 68 face-to-face impacted by our operations. collect customer feedback via office meetings and conference calls ComfortDelGro utilises questionnaires, online feedback forms and our service hotlines. with the media and sell-side analysts. We also participated in nine investor various channels to regularly conferences and non-deal roadshows, and actively engage our key We also look at feedback from the which provide direct access to new annual Public Transport Customer and existing institutional investors Stakeholders. Sustainability Satisfaction Survey, conducted by the Public Transport Council. In from around the world. topics have been discussed 2019, 99.4% of commuters surveyed more frequently with perceived that overall quality of public transport services had improved increased awareness among from the year before. our Stakeholders. 16 ComfortDelGro Corporation Limited
EMPLOYEES REGULATORS PARTNERS AND SUPPLIERS Employee engagement is a critical As the provision of public land transport We work closely with our Partners aspect of our human resource services is highly regulated, the Group, and Suppliers to ensure the smooth management. We conduct regular through our various Business Units, delivery of our services and to achieve employee engagement programmes holds regular weekly dialogue sessions our sustainability goals. ComfortDelGro through seminars, training courses, with the various Regulators including Taxi and ComfortDelGro Engineering quarterly newsletters and weekly the Land Transport Authority, the SGX, are actively partnering with EV original dialogue sessions to address key the National Environment Agency and equipment manufacturers and charging topics of concerns including training the Ministry of Manpower. station manufacturers to experiment and remuneration. We also organise different models of EVs. events for team bonding, well-being A range of topics are discussed at such and community giving. meetings, including upcoming trends Our procurement policy includes a and technologies, safety, competition, supplier assessment to ensure there In 2019, we launched a series of environmental and accessibility issues. is no adverse impact on society and leadership development programmes Where Regulators seek consultation the environment. We also manage catered to the specific needs of different in reviewing existing and emerging our Suppliers carefully to ensure fair employee groups, to encourage policies, we are responsive and strive opportunity and responsible practices critical thinking, innovation and team to provide constructive feedback. and strict adherence to anti-corruption spirit. Additionally, we conducted a policies. More information can be sustainability workshop in October found in the next chapter. for key individuals from our Singapore Business Units, to increase their awareness of the latest sustainability trends, affirm their roles in contributing to our sustainability goals, and encourage them to incorporate sustainability in their day-to-day work. Sustainability Report 2019 17
OUR APPROACH TO SUSTAINABILITY OUR STAKEHOLDERS PROVIDING EXCELLENT SERVICE PRACTISING TO OUR CUSTOMERS TRANSPARENCY AND We are committed to achieving service excellence. Each year, our employees do us proud when they receive prestigious external awards in recognition of their ACCOUNTABILITY exemplary service. We are proud to be recognised for our efforts to be transparent, accountable In 2019, we had 175 staff who were recipients of the National Kindness Award-Transport and engaging with our shareholders and Gold; and five staff who were recipients of the Land Transport Excellence Award- investors. Outstanding Service Individuals (Public Transport). Across the Group, we also had a total of 2,072 staff who received the Excellent Service Award. At the Singapore Corporate Awards 2019, the Chief Financial Officer (CFO) of VICOM National Kindness Award-Transport Gold won the Best CFO Award in the Mid-cap This national award recognises frontline staff in the transport industry who have category. displayed exemplary service and gracious behaviour during their course of work. It aims to inspire the recipients to continue to shine and influence their colleagues in At the 20th Securities Investors Association contributing towards a more pleasant and gracious society. From SBS Transit, there (Singapore) Investors’ Choice Awards 2019, were 118 recipients, with three Bus Operations and three Rail Operations staff being VICOM was the winner of the Singapore conferred the Outstanding Award. From ComfortDelGro Engineering, there were Corporate Governance Award, Mid-cap 17 recipients with two staff being conferred the Outstanding Award. There were category, runner-up for the Shareholder also thirty-three recipients from ComfortDelGro Taxi and seven recipients from Communications Excellence Award, ComfortDelGro Bus. Mid-cap category and runner-up for TOTAL OUTSTANDING the Most Transparent Company Award, Consumer Discretionary Services category. RECIPIENTS AWARDS SBS Transit was also the runner-up for SBS Transit 118 6 the Most Transparent Company Award, Consumer Discretionary Services category. ComfortDelGro Engineering 17 2 ComfortDelGro Taxi 33 5 ComfortDelGro Bus 7 - Land Transport Excellence Award-Outstanding Service Individuals (Public Transport) This national award recognises individuals who have played important roles in developing a people-centred, efficient, innovative and sustainable land transport system. Four Bus Operations staff and one Rail Operations staff from SBS Transit were conferred the award. Excellent Service Award This award recognises individuals who have gone beyond the call of duty in delivering exceptional service. It seeks to develop service models for staff to emulate and create service champions. The total number of winners from our Business Units are as follows: STAR GOLD SILVER TOTAL SBS Transit 438 496 1,055 1,989 ComfortDelGro Engineering 0 34 16 50 ComfortDelGro Taxi 9 3 21 33 18 ComfortDelGro Corporation Limited
MANAGING OUR SUPPLY CHAIN We work closely with our suppliers to maintain high standards of operation. We uphold fairness and respect in our relationships with our suppliers, pay our bills on time, and are transparent in all contracts and negotiations. Purchases from Our Suppliers Type of Suppliers by The bulk of our purchases consist of energy and direct material & services for the operation and maintenance of our fleets. In 2019, we purchased over 1,500 hybrid Purchase Value taxis and fully-electric taxis. About 90% of our spend is with 45 suppliers, of which 22 of them have worked with us for more than five years. We have long-term contracts Indirect Material Energy of three years or more with 203 suppliers. & Services 43% Supplier Selection 15% (E.g. (E.g. Facility Electricity, We select our suppliers using a multi-criteria weighted matrix, with each criterion Management, Diesel) assigned a weightage according to its relative importance. Criteria used include the IT, Operating supplier’s technical capabilities, service quality, supply assurance, environmental Supplies) responsibility, safety records, financial stability and cost competitiveness. Suppliers are also made aware of our Supplier Ethics Policy in every tender document, which outlines our expectations on fair practice, ethical conduct, social and environmental responsibility. We refrain from working with suppliers if they cannot comply with our Policy, and have implemented measures to mitigate supply chain risks in the areas of Fraud and Corruption, Supply, Legal, Price, Environmental, and Health & Safety. Read more about our Supplier Ethics Policy in Annex A. Supplier Performance Management We conduct Supplier Performance Management exercises regularly to assess our suppliers’ performance against market norms and the expectations agreed upon Assets Direct Material in our contracts. Key suppliers are appraised on their cost management, safety and & Services service standards. These contribute to our risk mitigation efforts, allowing us to 19% accurately uncover the root causes of potential problems and resolve them as quickly (E.g. Facility 23% Management, (E.g. Automotive as possible. Moving forward, we plan to further integrate ESG criteria into the supplier IT, Operating parts, Consumables performance scoring system. Supplies) and Vehicle Maintenance As part of our digitalisation efforts, our new procurement software, ComPASS Services) (ComfortDelGro Procurement, Analytics, Sourcing and Supplier) will be introduced in 2020 for Singapore and be extended to other locations of operation in the coming years. The electronic spend management system will drive end-to-end procurement Overview of the Supplier processes, which cover supplier onboarding, sourcing, contract management, procure- to-pay and spend analysis functions. ComPASS will enable a more robust supplier Performance Scoring System governance, and will help us work more closely with suppliers to improve processes and ensure compliance with environmental and safety regulations. PROCUREMENT (30%) Assessed by Procurement QUALITY (25%) Assessed by Contract Owner LOGISTICS (25%) Assessed by Supplies & Logistics TECHNOLOGY (10%) Assessed by Contract Owner SUPPLY SECURITY (10%) Assessed by Finance & Supplier Sustainability Report 2019 19
ECONOMIC ComfortDelGro is guided by the principle of creating long-term economic growth without negatively impacting environmental, social and safety aspects of the community and our people. We identify new areas of synergy and opportunities such as artificial intelligence (AI) and autonomous driving to transform and enhance our transport system. In 2019, the ComfortDelGro Group made its foray into high-tech ventures to leverage on new innovation and technologies to further strengthen its business operations. Why This Issue Is Material Group Performance Summary ComfortDelGro as one of the largest land transport companies In 2019, the ComfortDelGro Group achieved a 2.6% growth in the world with a global workforce, a global shareholder in revenue to S$3.9 billion, registering a Profit Attributable to base and a global outlook, has significant economic impacts Shareholders of S$265.1 million and Earnings before interest, throughout the societies in which we operate across our entire tax, depreciation and amortisation (EBITDA) of S$868.8 million. value chain. We look beyond short-term profits and are focussed Lower contributions from its Singapore business, higher costs on generating positive change and value to the economy and and the impact of unfavourable foreign exchange pulled the our Stakeholders for the long-term. Group’s 2019 net earnings 12.6% lower to S$265.1 million. Profitability, however, remains sound, with EBITDA rising to 22.2% of the Group’s Revenue, from 21.9% in 2018. How We Manage This Issue We believe that good corporate governance policies and sound risk The Group continued to grow its public transport business management are key drivers to the Group’s long-term economic segment, which is the main source of the Group’s operating growth. We are also increasingly integrating Environmental, Social cashflows, recording a 6.2% growth in full revenue in 2019. and Governance (ESG) matters in our business decisions, and Operating profit for the taxi business decreased by about 19.5% approaching business risks and opportunities more innovatively. to S$104.2 million due to a reduction in its operating fleet. In the absence of the one-off net gain on the surrender of lease of property at Teban Gardens in Singapore in 2018, operating profit for inspect and testing services also dropped by 23.1% to S$30.6 million in 2019. Key Financial Highlights Year 2017 2018 2019 Revenue (S$’m) 3,576.4 3,805.2 3,905.7 Operating Profit (S$’m) 409.2 438.8 415.8 Profit Attributable to Shareholders (S$’m) 301.5 303.3 265.1 EBITDA 818.0 832.0 868.8 Earnings per share (cents) 13.95 14.01 12.24 20 ComfortDelGro Corporation Limited
We distributed around 99.2% of economic value generated to our suppliers, employees, governments and the community. Economic value retained in 2019 was S$31.9 million. Economic Value Retained: Direct Economic Value Generated - Revenue S$3,905.7m Economic Value Distributed OPERATING COSTS EMPLOYEES SUPPLIERS TAXATION TO COMMUNITY OF CAPITAL GOVERNMENT INVESTMENTS S$1,657.9m S$1,726.2m Includes fuel and Includes salaries and S$295.5m S$193.0m S$1.2m electricity costs, other staff costs Includes dividends and materials costs, contract loan interests services and other operating costs S$31.9m Economic Value Retained By ComfortDelGro The detailed breakdown of the Group’s 2019 financial results, and the Singapore Mobility Challenge was one of them. The financial highlights and value-added statement can be found Singapore Mobility Challenge is an open innovation initiative in the ComfortDelGro Annual Report 2019, Group Financial for ideas or technology to address operational level challenges, Highlights, pages 13 to 15. co-organised by the Land Transport Authority of Singapore (LTA), SBS Transit and the SMRT Corporation. Other digitalisation plans Sustainable Finance have also been implemented in various Business Units across We see sustainable finance as a growing opportunity to improve the Group to improve efficiency and productivity. the Group’s overall financial resilience and flexibility in its funding strategy. The Group’s Australian subsidiary secured an A$25 Three strategic investments were made in 2019 by the Group million (S$23.1 million) green loan from OCBC Bank to finance through its US$100 million (S$137 million) corporate venture its hybrid bus fleet in Victoria. The loan was structured according capital fund, ComfortDelGro Ventures. The invested start-ups are to the green loan principles issued in 2018 by the Loan Market in the areas of on-demand bus technology, fleet management Association and Asia Pacific Loan Market Association. Proceeds and autonomous vehicle safety testing. Together, these will bring from the green loan will be used to purchase 50 hybrid buses. about new opportunities for our current business. Delivery has since begun, with the last batch of buses to be delivered in mid-2022. The ComfortDelGro Group is Singapore’s In 2019, the ComfortDelGro Group also began autonomous first land transport operator to adopt a green loan, which further vehicle (AV) trials with the NUSmart Shuttle at the National affirms our commitment to Sustainability. University of Singapore’s Kent Ridge campus in July. The fully autonomous NUSmart Shuttle, an EasyMile EZ10 autonomous Innovation shuttle, runs entirely on electricity and carries up to 12 people. Driven by the market needs to innovate and transform, the It is equipped with a full range of sensors to detect and avoid ComfortDelGro Group established Fringe Enable Pte Ltd in 2019 potential obstacles and relies on its own internal array of software as a corporate spinoff, set up to act as a catalyst of disruption for and hardware technologies for its navigation on the roads, the Group to venture into high tech ventures and new business without any assistance from external infrastructure. The 1.6km models. The Group Transformation Office has also launched service, which is free to all commuters, operates on weekdays several initiatives in 2019 to drive change in the mobility market, at 20-minute intervals at least six times a day. Sustainability Report 2019 21
ENVIRONMENTAL The ComfortDelGro Group of Companies aims to minimise the impact of its activities on the environment by ensuring continuous improvement in environmental performance whilst bearing in mind prevailing technical and operational constraints. 2019 Highlights: Greenhouse Gas Emission Intensity 303 TONNES CO2E per S$m revenue A total of 5,533 hybrids and 288 electric vehicles (EVs) across Singapore, the United Kingdom (UK), Australia and China ~2,025,750 kWh of electricity generated by solar energy from grid-connected solar photovoltaic (PV) roofs in Singapore 22 ComfortDelGro Corporation Limited
ENERGY EFFICIENCY In the age of climate crisis, there is an urgent need to innovate and strive towards adopting cleaner and more energy efficient systems. We have set targets to reduce our greenhouse gas (GHG) emissions through improving energy efficiency, transiting to a Greener fleet and increasing the use of renewables. Why This Issue Is Material How We Manage This Issue The transport sector is the fastest growing contributor to climate ComfortDelGro has always been among the first adopters of the emissions, accounting for nearly one-third of the world’s energy Government’s policies in deploying suitable vehicles for service demand and more than 20% of its carbon emissions globally. in support of the environment. We have started phasing out our diesel fleet globally and converted our fleets to hybrid or EVs. As a global land transport company, energy efficiency is critical given the amount of time our vehicles spend on the road. Most For our existing diesel fleet, we ensure that they meet the of our taxis, for example, run practically non-stop as the bulk of latest standards (Euro 5 or higher), which produce lower levels them operate on dual shifts. There are hence opportunities for of harmful exhaust emissions such as nitrogen oxide, carbon us to play a part in the fight against climate change. monoxide, hydrocarbons and particulate matter. By reducing these pollutants, we can also improve fuel economy and reduce Operating in seven countries with fleets of buses, taxis and rail, carbon emissions. maximising fuel efficiency and investing in innovative solutions enable ComfortDelGro to contribute to climate mitigation by We also work hand in hand with our vehicle manufacturers and reducing our GHG emissions and providing cleaner transportation. fuel suppliers, providing them with valuable feedback about Beyond the efficiency of our fleet, the quality and reliability the engineering performance of prototype vehicles and fuel of our services can significantly impact the energy efficiency technologies. of commutes. By improving the reliability of public transport services, commuters are motivated to use public transport By increasing our energy efficiency and the use of cleaner energy, rather than private vehicles which are typically more energy we aim to reduce our 2023 GHG emission intensity by 20% from intensive, thus promoting more environmentally friendly travel the 2015 levels and halve our GHG emission intensity by 2030. among city dwellers. Sustainability Report 2019 23
ENVIRONMENTAL Towards A Greener Fleet as overnight charging at Swan Taxis’ depot. To ensure it is as The transport industry is exhibiting a significant trend towards eco-friendly as possible, the electricity used to run the EV Cabs cleaner, less polluting vehicles. In Singapore, we expect to are offset by purchasing green energy from local energy retailer, phase out diesel in our taxi operations by 2023. To-date, we Synergy. Green energy by Synergy is derived from renewable have replaced 43.9% of our Singapore taxi fleet with hybrids sources such as wind turbines rather than non-renewable sources and aim to replace 50% of our fleet by 2020. such as brown coal. While it is currently cost prohibitive to install charging infrastructure just for the two EV Cabs, this may be an We have also been working to increase the number of green option in the future if the trial is successful and ComfortDelGro buses on the roads. SBS Transit, our listed subsidiary and a major introduces more EVs on the roads. Swan Taxis’ switch to zero public bus operator in Singapore, has 3,471 buses in its fleet as emissions vehicles like the EV Cabs could create a significant of 2019, of which 78% are Euro 5-compliant or better. This is positive impact for the Perth community. an increase of 244 higher standard buses or 11% compared to the previous year. In 2018, SBS Transit received 25 of 50 Volvo In the UK, Metroline is keeping in line with its philosophy to B5LH diesel hybrid buses (DHBs) that were procured by the maintain a young, environmentally friendly fleet. Hybrid buses Land Transport Authority (LTA) for fleet trials. These DHBs have make up more than 45% of its fleet of close to 1,600 buses. After low emission levels and have also reduced operations and launching the world’s first all-electric, zero-emission double maintenance costs by up to 23%. The trials have completed deck bus in London in 2018, Metroline has now added on and these DHBs have been deployed across three different bus 23 fully-electric single deck buses on Route 46 and has services. In 2020, SBS Transit plans to start EV trials. commenced operation of fully-electric double deck buses on Route 43 at Holloway garage and Route 134 at Potters Bar We continue to support EVs with our Direct Current (DC) fast garage. The buses have a daily mileage range in excess of 200 charging station, operated by ComfortDelGro Engineering. When miles on a single charge. They are only recharged at night when ComfortDelGro Taxi expanded its EV trial in January 2019 with local demand for electricity is at its lowest, thus using cost- the launch of the Hyundai long-range Kona taxi, the DC fast effective off-peak electricity. Commuters were impressed by charging station in Braddell was made available 24 hours a day to the environmental credentials of the bus and commented on cabbies trialling the new taxis. The Hyundai Kona electric taxi has the smooth and comfortable journey that the service provides. twice the power of the battery of the fully-electric Hyundai Ioniq, which is part of the Group’s ongoing trial. With DC charging, the Together, Routes 43 and 134 carry around 18.5 million people Hyundai Kona electric taxi charges up in just over an hour and across the city annually. The new buses demonstrate Metroline’s can travel up to 350km when fully charged. It is also equipped continued investment and commitment to lead the industry and with active safety driving assistance technologies such as Blind provide cleaner air for Londoners. Moving forward, Metroline Spot Warning and Rear Cross Traffic Collision Warning, as well will be conducting trials for vehicles using cleaner energy, as a regenerative braking system. such as hydrogen fuel vehicles. Hydrogen fuel bus trials will commence in 2020. In Australia, ComfortDelGro Corporation (CDC) Australia succeeded in its endeavour to introduce the largest hybrid bus In China, we invested in dual-fuelled taxis that run on both CNG fleet in Melbourne. As part of its deliverables under the new and petrol. Over 40% of the fleet in China are environmentally metropolitan bus contract, 50 of its diesel buses were replaced friendly CNG vehicles. Nanjing ComfortDelGro Dajian Taxi with Volvo Euro 6 hybrid vehicles. Swan Taxis also became the operates a total of 664 CNG-driven taxis while Chengdu first in Perth to trial fully-electric taxis in 2019. Branded the EV ComfortDelGro Taxi operates a total of 600 CNG-driven taxis. Cabs, these taxis make use of the local DC fast charger as well Group Performance Summary As at December 2017 As at December 2018 As at December 2019 Singapore 9.4% hybrid taxis 16.5% hybrid taxis 43.9% hybrid/electric taxis UK & Ireland 20.0% hybrid buses 20.0% hybrid buses 45% hybrid/electric buses Australia 41% hybrid taxis 52% hybrid taxis 55% hybrid/electric taxis 24 ComfortDelGro Corporation Limited
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